Mattilda is a Software-as-a-Service (SaaS) platform that offers payment management and credit solutions for education institutions, primarily schools and universities. The platform automates payment processes and enables parents to create customized online payment links to pay for their children's scholarships using various payment methods, such as credit cards, bank transfers, and flexible credit lines.
With the funding, Mattilda aims to expand its operations and reach more schools and universities in Mexico. This move suggests that Mattilda has plans to grow its customer base and increase its market share in the education sector.
The startup recently received a USD $10M credit line from Addem Capital. The investment will help the company achieve its expansion goals. It's also noteworthy that the funding comes in the form of a credit line, which suggests that Mattilda has a solid business model and a high level of creditworthiness, as Addem Capital is willing to lend the company funds.